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Bitcoin Bam


Discover Bitcoin Bam's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Bitcoin Bam?

Bitcoin Bam (BTCBAM) is a cryptocurrency token that operates on a public blockchain network designed to address the limitations of the Ethereum network, such as slow speed and high transaction fees. It aims to become a payment provider on various marketplaces and offers a range of features, including digital asset storage, trading, and exclusive services. The token is part of a comprehensive web3 finance and investment ecosystem that includes a decentralized launchpad, staking, and governance mechanisms.

How is Bitcoin Bam used?

Bitcoin Bam (BTCBAM) is a cryptocurrency designed to address the limitations of the Ethereum network, such as slow speed and high transaction fees. It offers various use cases, including:

  • Making payments on marketplaces: BTCBAM can be used as a payment method for goods and services on different marketplaces.
  • Investing in digital assets: The token allows users to invest in digital assets, providing a platform for diversified investments.
  • Creating digital tokens and coins: Bitcoin Bam's ecosystem supports the creation of new digital tokens and coins, enabling innovators to launch their projects.
  • Secure storage of digital assets: The platform provides secure storage options for digital assets, ensuring the safety of users' investments.
  • Trading in digital assets: BTCBAM enables users to trade digital assets, facilitating the exchange of various cryptocurrencies.
  • Exclusive services and products: The token grants access to exclusive services and products within the Bitcoin Bam ecosystem.

Additionally, Bitcoin Bam's ecosystem includes a decentralized launchpad called Bamstarter, which allows projects to list their IDOs and receive funding and support from the community. This creates a diversified portfolio of reward tokens for stakers and community members who participate in the voting and sponsorship process.

How do I store Bitcoin Bam?

To store Bitcoin Bam (BTCBAM) tokens, you have several options:

  • Exchanges' Wallets: You can store your Bitcoin Bam on exchanges like Binance Wallet, which allows you to manage your tokens within the exchange's ecosystem.
  • Crypto Wallets: You can use dedicated crypto wallets like Trust Wallet, which supports a variety of cryptocurrencies including Bitcoin Bam.
  • Cold Wallets: For long-term storage, cold wallets are recommended as they are offline and more secure. These wallets are not connected to the internet, reducing the risk of hacking and unauthorized access.

It is essential to choose a wallet that supports Bitcoin Bam and follows best practices for security and management.

How to buy Bitcoin Bam?

To buy Bitcoin Bam (BTCBAM) tokens, follow these steps:

  1. Register on a Centralized Exchange (CEX): Sign up for an account on a CEX that supports BTCBAM trading, such as MEXC or ProBit Global. You can use your social account for a one-step sign-up if available.

  2. Verify Your Account: Complete the verification process by providing a government-issued identification document and enabling two-step verification for security.

  3. Buy a Supported Cryptocurrency: Use fiat to purchase a cryptocurrency that can be easily traded for BTCBAM, such as USDT, ETH, or BNB. This can be done through the CEX's OTC trading service or financial platforms like PayPal or Robinhood (for US residents).

  1. Transfer to a BTCBAM-Supporting Exchange: If necessary, transfer the purchased cryptocurrency to a CEX that supports BTCBAM trading. Ensure the exchange supports the trading pair you need, such as BTCBAM/USDT.

  2. Buy BTCBAM: Use the transferred cryptocurrency to buy BTCBAM in the spot market.

  3. Store Your BTCBAM: After purchasing, store your BTCBAM tokens securely in a wallet or on the exchange, with the expectation of potential value increases.

Remember to check the exchange's availability in your region and consult local authorities for tax information.

Bitcoin Bam
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History of Bitcoin Bam

Bitcoin Bam (BTCBAM) is a cryptocurrency token that originated from a Vienna-based cryptocurrency mining company. The company, managed by entrepreneurs and professionals, aimed to create a platform allowing anyone to earn through mining and build wealth.

The token's history began with an Initial Exchange Offering (IEO) on Probit Exchange, which took place from March 9, 2021, to March 16, 2021. During this period, 6,000,000 BTCBAM tokens were available for sale, representing 28% of the total supply of 21,000,000 tokens. The IEO price was set at 1 BTCBAM = 1.95 USD, and the company accepted various cryptocurrencies, including BTC, ETH, USDT, XRP, and PROB, for the purchase of tokens.

Before the IEO, Bitcoin Bam had significant milestones. In Q2 2019, the company transitioned to the mining area. In Q1 2020, they purchased crypto money mining technical equipment. By Q2 2020, they launched the production process of the BTCBAM mining system. In Q3 2020, they listed on Bitturex and Coinsbit platforms. In Q4 2020, they started preparations for a stake (POS) system and agreed with Probit Exchange Market. In Q1 2021, they formed an investment partnership with Spektral Investment Bank.

Bitcoin Bam gained significant recognition when Spektral Investment Bank, the world's first crypto money investment bank, acquired 25% of its shares in February 2021. This made BTCBAM the first bank-guaranteed cryptocurrency in the world. The token was listed on Probit Global on April 9, 2021.

Today, Bitcoin Bam can be bought, sold, and held through various cryptocurrency exchanges, and its community is active on social media platforms like Twitter and Telegram.

Bitcoin Bam
We give you the tools to invest your time and money in 1000+ tokens.

How Bitcoin Bam works

Bitcoin Bam (BTCBAM) is a cryptocurrency that operates within a blockchain ecosystem designed to simplify the process of onboarding the blockchain. The ecosystem functions as a decentralized autonomous organization (DAO), providing a platform for decentralized decision-making and governance. At the heart of the Bitcoin Bam ecosystem is Bamstarter, a fully automated and decentralized launchpad that offers various services such as token minting, liquidity, and token locking. This launchpad allows any team, innovator, or entrepreneur to list their project for an initial decentralized offering (IDO) and utilize the platform's services.

Key Features
  • Decentralized Governance: The DAO structure enables community members to participate in decision-making and governance, ensuring that the ecosystem is run in a decentralized manner.
  • Bamstarter Launchpad: This fully automated and decentralized launchpad provides a platform for projects to list their IDOs and utilize various services such as token minting, liquidity, and token locking.
  • Token Rewards: Community members who participate in voting and sponsorship funding for projects receive a percentage of tokens from the projects they support, creating a diversified portfolio of reward tokens through staking the native Bitcoin Bam token.
Technical Analysis

Technical analysis for Bitcoin Bam is based on various indicators such as moving averages, oscillators, and pivots. While it is difficult to achieve 100% accuracy, tools like TradingView provide real-time aggregated buy-and-sell ratings for selected timeframes. This helps investors make informed decisions based on technical indicators.

Wallet and Storage

Bitcoin Bam can be stored and managed using secure wallets like Atomic Wallet, which supports over 1000 cryptocurrencies. Atomic Wallet is available for both desktop and mobile devices and offers features such as private key encryption, 24/7 online support, and no registration or KYC requirements.

Price Predictions

Price predictions for Bitcoin Bam vary across different platforms, with some experts expecting a rise to $3.127 by 2030, while others predict a potential drop. It is essential for investors to do their own research and consider various factors before making investment decisions.

Bitcoin Bam
We give you the tools to invest your time and money in 1000+ tokens.

Bitcoin Bam's strengths

The token Bitcoin Bam (BTCBAM) has several strengths that make it an attractive investment opportunity:

  1. Comprehensive Ecosystem: Bitcoin Bam offers a wide range of services and solutions within its ecosystem, including a decentralized launchpad, payment solutions, NFT renting, and a learning hub. This comprehensive approach provides users with a one-stop-shop for various blockchain-related needs.

  2. Decentralized Governance: The platform operates as a DAO, allowing for decentralized decision-making and governance. This ensures that the community has a significant say in the direction and development of the project.

  3. Staking Rewards: Users can earn up to 25% APY by staking their BTCBAM tokens, providing a passive income stream and incentivizing long-term holding.

  1. Partnerships and Collaborations: Bitcoin Bam has partnered with Spektral Investment Bank, allowing token holders to swap their tokens for shares worth 2 Euros each. This partnership adds value to the token and expands its utility.

  2. Community Engagement: The platform incorporates gamification, awards, and big data activities to create a community-driven investment experience. This fosters engagement and encourages users to participate actively in the ecosystem.

  3. Diversified Portfolio: The decentralized launchpad, Bamstarter, allows users to invest in various projects and receive reward tokens, creating a diversified portfolio of tokens through staking BTCBAM.

These strengths contribute to the overall value proposition of Bitcoin Bam, making it an attractive option for investors seeking a comprehensive and community-driven blockchain ecosystem.

Bitcoin Bam's risks

Bitcoin Bam (BTCBAM) is a cryptocurrency that carries several financial risks. Here are some of the key risks associated with investing in BTCBAM:

  1. Volatility: The price of Bitcoin Bam is highly volatile, which means it can fluctuate rapidly and unpredictably. This volatility can result in significant losses if the market moves against your investment.

  2. Price Dislocation: The price of BTCBAM can become disconnected from its intrinsic value, leading to market instability and potential losses.

  3. Regulatory Risks: Governments and regulatory bodies may impose stricter regulations or even bans on cryptocurrencies, which could negatively impact the value of BTCBAM.

  1. Security Risks: Owners of BTCBAM can lose access to their accounts and funds if they lose their passwords or private keys, making it essential to maintain robust security measures.

  2. Market Adoption: The risks associated with BTCBAM are closely tied to the extent of its adoption. If the cryptocurrency fails to gain widespread acceptance, its value may decline.

  3. Environmental Impact: The mining process for BTCBAM, like other cryptocurrencies, can have significant environmental implications, which may lead to increased scrutiny and potential regulatory action.

  1. Liquidity Risks: The liquidity of BTCBAM can be limited, making it difficult to buy or sell the cryptocurrency quickly and at a favorable price.

  2. Technical Risks: Technical issues, such as network congestion or security breaches, can also negatively impact the value and usability of BTCBAM.

Investors should carefully consider these risks before deciding to invest in Bitcoin Bam or any other cryptocurrency.

Bitcoin Bam
We give you the tools to invest your time and money in 1000+ tokens.

Did Bitcoin Bam raise funds?

Bitcoin Bam
We give you the tools to invest your time and money in 1000+ tokens.

Bitcoin Bam's ecosystem

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Bitcoin Bam
We give you the tools to invest your time and money in 1000+ tokens.

Bitcoin Bam’s team

  • Gokhan Alkan: CEO and Founder, participates in a number of projects.
  • Serkan Yorulmaz: CFO, participates in a number of projects.
  • Ernan Anil Alkan: CTO, participates in a number of projects.

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